218
218
Nov 5, 2012
11/12
by
CNBC
tv
eye 218
favorite 0
quote 0
president obama and governor mitt romney are almost out of time to sway voters. tomorrow is the only poll that matters. >> yes, it is, maria. our chief washington correspondent and birthday boy, john harwood is following the candidates' last-minute moves. happy birthday. >> thank you, guys. it is the only poll that matters tomorrow but we have a lot of other polls, which don't matter, which are giving us signals of where the candidates are and why they're going to those states. crisscrossing the battlegrounds, ohio, wisconsin, colorado, the candidates are all there. if you look at our nbc/wall street poll, 47-48 obama. look at the battle of the swing states, of the nine swing states, only in two does mitt romney have a lead in the real clear politics average of polls. that's north carolina and florida. all the others, iowa, colorado, new hampshire, ohio, the rest of that set of battle ground states are all leading for obama. now, many of them are close, but if mitt romney only carries florida and north carolina among those battleground states, he's only 235 elect
president obama and governor mitt romney are almost out of time to sway voters. tomorrow is the only poll that matters. >> yes, it is, maria. our chief washington correspondent and birthday boy, john harwood is following the candidates' last-minute moves. happy birthday. >> thank you, guys. it is the only poll that matters tomorrow but we have a lot of other polls, which don't matter, which are giving us signals of where the candidates are and why they're going to those states....
327
327
Nov 6, 2012
11/12
by
CNBC
tv
eye 327
favorite 0
quote 0
wall street has clearly thrown support to governor mitt romney here. we're rallying ahead of the expectation that perhaps he gives the market a surprise. let's talk to one of those supporters, former wells fargo chairman and ceo dick ka vos vich. thanks so much for joining us. why romney? >> i think the current administration has not had the right policies to grow the economy and bring down the unemployment level to an acceptable level below 6%. i think romney will have different policies and that will grow the economy at a higher rate. >> realistically, what could he do, dick, when you bear in mind the roadblock that any president faces when you have the kind of makeup and temperament of a congress that we've had for the last several years here? >> well, i think it's all about policies, not politics. i think whoever is elected, i think what they should do is the following. they should recognize that the partisanship and polarization is here. it's not going to change. no one is going to convince the republicans to vote with the democrats and vice versa
wall street has clearly thrown support to governor mitt romney here. we're rallying ahead of the expectation that perhaps he gives the market a surprise. let's talk to one of those supporters, former wells fargo chairman and ceo dick ka vos vich. thanks so much for joining us. why romney? >> i think the current administration has not had the right policies to grow the economy and bring down the unemployment level to an acceptable level below 6%. i think romney will have different policies...
267
267
Nov 2, 2012
11/12
by
CNBC
tv
eye 267
favorite 0
quote 0
. >> i know, and i think mitt romney -- >> he didn't actually get them together. >> romney repealing obamacare his first day in office is going to hurt us. i don't think it's true the president hasn't been able to bring both sides together. we just witnessed how he stood with governor christie in new jersey. we had a response to a nation in a crisis. >> you think there's class warfare in this country? >> no, i think the best of our country wants to come together to get this economy going again. and that president obama has shown a path that we can trust and that mitt romney is not offering anything but the failed economic policies of the past, which say that the top 1% in this country should not pay their fair share. we reject that vision for america. >> let's not forget the 47% that don't pay any tax, right? >> that's also an inaccurate statement. >> 47% of this country does not pay income tax. that's not an inaccurate statement. at all. that's a fact. >> but they pay sales tax. there's lots of taxes that people pay. >> i'm talking about the federal income tax. >> right. that's righ
. >> i know, and i think mitt romney -- >> he didn't actually get them together. >> romney repealing obamacare his first day in office is going to hurt us. i don't think it's true the president hasn't been able to bring both sides together. we just witnessed how he stood with governor christie in new jersey. we had a response to a nation in a crisis. >> you think there's class warfare in this country? >> no, i think the best of our country wants to come together to...
253
253
Nov 30, 2012
11/12
by
CNBC
tv
eye 253
favorite 0
quote 0
. >> let's assume it's not going to be mitt romney. let's decide who it's going to be. you first. >> for a while, ihoug it was going to be larry fink. my sources it will tell me it w him. my sources say it's probably going to be jack liu. what do you think about jack liu, the former chief of staff? >> that's my pick. >> that was your pick all along. what does that do in terms of the perception of the treasury? do you think he will be an individual who will be a positive lee y positive liaison for business and take away this antagonistic perception? >> that's the big question. jack lew is obviously the favorite. he probably does wind up getting it. he's very smart, good technocrat, good relationships on the hill. he would be fine. >> he's perfect for a second term, right? >> he's okay for a second term. i don't think he's perfect. i don't think he's a guy that changes the game. a dynamic change is what you need in the second term. you need somebody who will have the business community come in and understand what you're talk about. they don't have that now. commerce doesn
. >> let's assume it's not going to be mitt romney. let's decide who it's going to be. you first. >> for a while, ihoug it was going to be larry fink. my sources it will tell me it w him. my sources say it's probably going to be jack liu. what do you think about jack liu, the former chief of staff? >> that's my pick. >> that was your pick all along. what does that do in terms of the perception of the treasury? do you think he will be an individual who will be a positive...
197
197
Nov 7, 2012
11/12
by
CNBC
tv
eye 197
favorite 0
quote 0
mitt romney and paul ryan are good men. they're good leaders. i want to wish mitt, ann, paul, and janna and their families well. the american people have spoken. they've re-elected president obama, and they've again re-elected a republican majority in the house of representatives. if there's a mandate in yesterday's results, it's a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. my message today is not one of confrontation but one of conviction. in the weeks and months ahead, we face a series of tremendous challenges and great opportunity. just weeks away from now looms the so-called fiscal cliff, a combination of automatic spending cuts and tax increases mandated by law. within months of the fiscal cliff, congress will be asked to raise the nation's debt ceiling. around the same time, legislation will be needed to keep the government running as a continuing resolution under which we're currently operating expires. amid all of these short-term hurdles, we face the greatest challenge
mitt romney and paul ryan are good men. they're good leaders. i want to wish mitt, ann, paul, and janna and their families well. the american people have spoken. they've re-elected president obama, and they've again re-elected a republican majority in the house of representatives. if there's a mandate in yesterday's results, it's a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. my message today is not one of confrontation but one...
199
199
Nov 1, 2012
11/12
by
CNBC
tv
eye 199
favorite 0
quote 0
i can tell you i hope it's going to be mitt romney, but it's going to be very, very close. i think it would have absolutely been mitt except for the hurricane. i think the hurricane has had a profound effect, and i think it's going to help president obama a lot. >> wow. let me ask you about the aftermath of this hurricane. huge impact on communities. typically when you see this kind of devastation, do you think prices go down? does this invite new buyers into the situation because values drop? what's your take? >> well, it's just complete devastation. i know some of the communities. you know, coming from new york and having a lot of businesses in new jersey, i know many of the communities. it's hard to believe what happened to the jersey shore, what happened to certain places that were just beautiful places out on long island. it's complete devastation. it's probably a little bit too early to say, but, you know, there's going to be a big rebuilding process. you could say the rebuilding in terms of putting people to work will be a positive. what's happened to these communiti
i can tell you i hope it's going to be mitt romney, but it's going to be very, very close. i think it would have absolutely been mitt except for the hurricane. i think the hurricane has had a profound effect, and i think it's going to help president obama a lot. >> wow. let me ask you about the aftermath of this hurricane. huge impact on communities. typically when you see this kind of devastation, do you think prices go down? does this invite new buyers into the situation because values...
274
274
Nov 6, 2012
11/12
by
CNBC
tv
eye 274
favorite 0
quote 0
>> well, exactly, but i think that mitt romney's closer to the center than president obama and mitt romney has a history of working with the opposition, which president obama does not. so that's why i thought that i would make this ad and would try to reach out to undecided voters, and i think that undecided voters have an equally strong side on want one hand, which is pragmatic, practical side that wants them to vote for mitt romney and a utopian side that would like them to vote for obama. i think it is the utopian side that is speaking to the posters, and i hope that it is the pragmatic side that will prevail in the voting booth. >> no doubt about it your ad got a lot of play for sure. we appreciate your time tonight, mr. peterffy. thank you so much for joining us. >> thank you very much. >> we'll see you soon. thanks very much, sir. thomas peterffy, chairman and ceo of interactive brokers. >>> george pataki is up next. then later on in the program, how will the election impact your investments first thing tomorrow morning? three of wall street's top money pros will weigh in. stay with
>> well, exactly, but i think that mitt romney's closer to the center than president obama and mitt romney has a history of working with the opposition, which president obama does not. so that's why i thought that i would make this ad and would try to reach out to undecided voters, and i think that undecided voters have an equally strong side on want one hand, which is pragmatic, practical side that wants them to vote for mitt romney and a utopian side that would like them to vote for...
160
160
Nov 13, 2012
11/12
by
CNBC
tv
eye 160
favorite 0
quote 0
mitt romney may have lost the presidential election, but some democrats are warming to one of his key tax reform proposals. remember this? >> everybody gets -- i'll pick a number -- $25,000 in e ductided and credits. you can decide which ones to use. home mortgage interest deduction, childcare tax credit and so forth. you can use those in filling that bucket of deduction. >> robert frank looks at how a deduction bucket impact everything. >> the gop doesn't want to raise tax rates. many on both sides are now talking about cutting or limiting deductions to raise revenue. that would appease both parties. some argue that this would be a gift to the wealthy, but in fact, millionaires would bear the brunt of any cut in deductions. let's look at the tax policy center. if deduction were capped at $25,000, people making $1 million or more would see a tax increase of more than $97,000. this group would could for more than 45% of that tax change. people making more than $200,000 a year would account for more than 70% of that change. the middle class, well, they would see their taxes largely rema
mitt romney may have lost the presidential election, but some democrats are warming to one of his key tax reform proposals. remember this? >> everybody gets -- i'll pick a number -- $25,000 in e ductided and credits. you can decide which ones to use. home mortgage interest deduction, childcare tax credit and so forth. you can use those in filling that bucket of deduction. >> robert frank looks at how a deduction bucket impact everything. >> the gop doesn't want to raise tax...
208
208
Nov 7, 2012
11/12
by
CNBC
tv
eye 208
favorite 0
quote 0
what he did was doggedly point out what mitt romney did at bain and mitt romney's policies for the middle class. he opposed the auto bailout. he opposes more equitable tax policy where millionaires and billionaires would pay their fair share. >> let's not start with the talking points. let's have a conversation here. talking points is not anything anyone has interest in. john, was it a mistake for romney to use his credential? >> i don't think that was a mistake. i think he made a mistake in how he sold it. people become wealthy in this country, we used to champion them. today we vilify them. despite what your other guest said, the president was certainly part of the 1% vilification. the way a person becomes wealthy in america is having an entrepreneurial dream and serving other people well. if you serve customers well in america, you can become wealthy. we used to think that was a good thing during this election cycle with a president leading the way it was vilified. it's outrageous and should stop. >> the vilifying really has to stop already. there's an american dream and an aspirationa
what he did was doggedly point out what mitt romney did at bain and mitt romney's policies for the middle class. he opposed the auto bailout. he opposes more equitable tax policy where millionaires and billionaires would pay their fair share. >> let's not start with the talking points. let's have a conversation here. talking points is not anything anyone has interest in. john, was it a mistake for romney to use his credential? >> i don't think that was a mistake. i think he made a...
252
252
tv
eye 252
favorite 0
quote 0
wall street did support mitt romney in a big way in terms of money. but they have to keep their poll pulse on the election to figure out how to lobby the white house or the senate or the house or whoever. i can tell you what they are saying right now, based on their read from lobbyists, from the pollsters, from people they know, their read is that barack obama will be re-elected. we should also point out, when i run this by some romney folks, this is what they tell me, they are die-hard romney supporters and they are on wall street, what they tell me is most of these ceos of these big banks, are captive of the media, a left-leaning media that is interpreting everything positive for the president. i would say the sort of empirical data is pretty obvious. regular reporters really want the president to win, that's very obvious from coverage and stories and anything like that. whether these guys are influenced by that, i don't know if i buy that. only because these are folks that try to make bets based on not what they think and how they are being spun, b
wall street did support mitt romney in a big way in terms of money. but they have to keep their poll pulse on the election to figure out how to lobby the white house or the senate or the house or whoever. i can tell you what they are saying right now, based on their read from lobbyists, from the pollsters, from people they know, their read is that barack obama will be re-elected. we should also point out, when i run this by some romney folks, this is what they tell me, they are die-hard romney...
232
232
Nov 2, 2012
11/12
by
CNBC
tv
eye 232
favorite 0
quote 0
how do you see things playing out if mitt romney wins? >> i think it would be sad day for the middle class. i think it'll be great day for people who have a lot of money. it'll be a great day for people who like their carried interest and like the fact that they pay less taxes than their secretaries. if we look at what happened from 2000 to 2007, we did not create one new net job. we saw inequality grow. we saw people's rights to have an organization diminish. all of that affected the middle class. i think it will be a sad day for the middle class if mitt romney is our president. >> what would you like to see in the next four years if president obama does get re-elected? a lot of people debated it. not everything has gone your way under this president. what would you like to see different? >> well, first of all, i'd like to see us build on the health care plan we passed that's going to add 30 million people, many of whom go to work every day and didn't have health care. i'd like to see us deal with the infrastructure we saw that got ruine
how do you see things playing out if mitt romney wins? >> i think it would be sad day for the middle class. i think it'll be great day for people who have a lot of money. it'll be a great day for people who like their carried interest and like the fact that they pay less taxes than their secretaries. if we look at what happened from 2000 to 2007, we did not create one new net job. we saw inequality grow. we saw people's rights to have an organization diminish. all of that affected the...
287
287
Nov 5, 2012
11/12
by
CNBC
tv
eye 287
favorite 0
quote 0
>> most people i talk to do think mitt romney has a fair chance. considering that, they keep it simple. in the opinion of many traders, the current administration has been a bit unfriendly to business. so, quite simply, even though the fed may have implications, bernanke easy money, if he think if mitt wins, we get a reality. as one guest pointed out, i agree with him on that. one thing universally everybody agrees, if mitt romney wins, they think energy stocks are going to be the place to really look for aggressive tendencies because a lot of the issues, for example, natural gas, fracing, they believe that regulation will be worked out and the epa will take its foot off, or forced to take its foot off and instead of crush an industry, maybe try to work within the pam ters of what it takes to get the natural gas to the marketplace. >> right. he has said that's one of his five points in terms of the economic buildout here, getting jobs in energy. >> yes. >> it's on his platform. it's laid out very explicitly that's a top priority. he sees it not onl
>> most people i talk to do think mitt romney has a fair chance. considering that, they keep it simple. in the opinion of many traders, the current administration has been a bit unfriendly to business. so, quite simply, even though the fed may have implications, bernanke easy money, if he think if mitt wins, we get a reality. as one guest pointed out, i agree with him on that. one thing universally everybody agrees, if mitt romney wins, they think energy stocks are going to be the place...
89
89
tv
eye 89
favorite 0
quote 0
romney -- you know, if you bet $3 on mitt romney, you would win 9. no one really in europe thought -- no real money thought romney was going to win. it shouldn't surprise anyone. it shouldn't really surprise anyone. liz: yet people are so shocked. there have been people parading on all of the networks saying romney is going to win. of course it doesn't happen. the fact is the market reaction is due to what in your opinion today? >> it is that republicans did not pick up any ground. right? the thinking was break obama -- i mean it is tough to take out the incumbent. it is tough to take out the incumbent. but you would have thought the republicans would have made more ground maybe in the senate, right? and therefore it would be more balanced. instead it is the other way around. everyone perceives the taxes are going to go up, the dividend taxes are going to go up. there's the probability of taxes going higher and therefore stocks go lower. liz: one of your companies bgc has a terrific dividend. a lot of people bought into this stock because it has a 10
romney -- you know, if you bet $3 on mitt romney, you would win 9. no one really in europe thought -- no real money thought romney was going to win. it shouldn't surprise anyone. it shouldn't really surprise anyone. liz: yet people are so shocked. there have been people parading on all of the networks saying romney is going to win. of course it doesn't happen. the fact is the market reaction is due to what in your opinion today? >> it is that republicans did not pick up any ground. right?...
239
239
tv
eye 239
favorite 0
quote 0
dodd/frank with mitt romney he would roll back parts. defense contractors? then you have the fiscal cliffs scenario the automatic cuts are going. it is pretty interesting the market is a pretty good predictor. liz: boeing, lockheed martin but that is a different scenario because obama did not have massive budget cuts but if you have the fiscal cliffs scenario if obama is reelected and republicans keep the house and not take the senate the fiscal cliffs scenario, . liz: why with romney? >> think of it. they have the deal with the president. you have good deal of then you hit the fiscal cliff. people say at you are predicting obama lending. i am not. but the ball street firms look at this. they put the numbers together. but does it matter who i want to but based on their analysis and is probably the electoral college walk for the president. my sources tell me why with the evangelical win and low voter turnout for the democrats. that is what they say. they have come out with their analysis. >> our both of these yours? >> you don't want to know what is on mine.
dodd/frank with mitt romney he would roll back parts. defense contractors? then you have the fiscal cliffs scenario the automatic cuts are going. it is pretty interesting the market is a pretty good predictor. liz: boeing, lockheed martin but that is a different scenario because obama did not have massive budget cuts but if you have the fiscal cliffs scenario if obama is reelected and republicans keep the house and not take the senate the fiscal cliffs scenario, . liz: why with romney? >>...
617
617
Nov 8, 2012
11/12
by
CNBC
tv
eye 617
favorite 0
quote 0
we know mitt romney was more of a fan of coal stocks. but he will not be our president. we now know. mar maria, back to you. >> court, thanks. meanwhile, what's the deal with groupon? the daily deal website's latest results out just minutes ago. we'll talk about what groupon needs to survive. the story next. plus, more on this busy edition of the "closing bell." >>> coming up, the empire strikes gold? >> hello there. >> disney's ceo bob iger joins maria for a first-on interview to talk earnings and the acquisition that adds the star wars franchise to the magic kingdom's galaxy of studios. >>> plus, rise above. should we be doing all we can to stop from going over the fiscal cliff? >> let's rise above the dysfunction and do the right thing together for our country. >> or is it a necessary evil for the long-term health of our economy? we debate straight ahead. >>> and coming unraveled. he's the man some say is a bigger crook and liar than bernie madoff. >> how many people who are condemning what i did would know for sure they would never do anything like what i did if they
we know mitt romney was more of a fan of coal stocks. but he will not be our president. we now know. mar maria, back to you. >> court, thanks. meanwhile, what's the deal with groupon? the daily deal website's latest results out just minutes ago. we'll talk about what groupon needs to survive. the story next. plus, more on this busy edition of the "closing bell." >>> coming up, the empire strikes gold? >> hello there. >> disney's ceo bob iger joins maria for...
143
143
Nov 28, 2012
11/12
by
CNBC
tv
eye 143
favorite 0
quote 0
it's not just mitt romney and warren buffett. the damage is spread around. the downside risk to this is very steep, hearing a lot of talk about folks wanting to do some other things. diversification getting out of these dividend paying stocks and into things like corporate bonds and munis. forget about the fiscal cliff for now. the income cliff, if you're an investor who's living off of dividend income, senior citizen, whatever, you are a tremendous risk here. >> david, all you have to look at it the news we just brought you some 15 minutes ago. that disney is now raising the dividend payable december 28th. why? because it's a few days before the fiscal cliff. today, costco, walmart, las vegas sands, dil lards. the list goes on and on. it's been a tidal wave. it's important to everybody. that's why they're doing it. >> let me just correct a couple things jeff said. first of all, what president obama is proposing is to just raise those dividend taxes on people making over $it -- $200,000 or $250,000. the ordinary retiree is not going to be hit by this at all.
it's not just mitt romney and warren buffett. the damage is spread around. the downside risk to this is very steep, hearing a lot of talk about folks wanting to do some other things. diversification getting out of these dividend paying stocks and into things like corporate bonds and munis. forget about the fiscal cliff for now. the income cliff, if you're an investor who's living off of dividend income, senior citizen, whatever, you are a tremendous risk here. >> david, all you have to...
80
80
Nov 12, 2012
11/12
by
FBC
tv
eye 80
favorite 0
quote 0
romney. as you know ge gets a lot of perks if the obama administration wins, solar, green energy and stuff, he's the chairman of president jobs council, he's going to be at this thing. sort of the leader of wall street if we had a spokesman would obviously be dimon. dimon was extremely critical of the president, particularly behind the scenes. he basically told people because he's on the federal reserve board, he does not give, you know, in kind contributions but i mean all his body movement was like do whatever you can to elect mitt romney. this guy is bad for business based on dodd frank and some of the other things that the president has done. so jamie is not on the list. like i said the closest you've got is the gentleman from american express. this thing is going to occur wednesday. as we know, there's what, how many days left before the fiscal cliff hits, i thought i saw some graphic that said -- cheryl: there's a countdown, a calendar. >> why is the fiscal cliff a big thing? why does w
romney. as you know ge gets a lot of perks if the obama administration wins, solar, green energy and stuff, he's the chairman of president jobs council, he's going to be at this thing. sort of the leader of wall street if we had a spokesman would obviously be dimon. dimon was extremely critical of the president, particularly behind the scenes. he basically told people because he's on the federal reserve board, he does not give, you know, in kind contributions but i mean all his body movement...
192
192
Nov 1, 2012
11/12
by
CNBC
tv
eye 192
favorite 0
quote 0
i think that is -- the way the markets are trading these days, if mitt romney wins, the market will expect a faster improvement in the economy than if barack obama is re-elected. i think that's probably the right way to look at it. >> all right. we'll leave it there. gentlemen, thank you very much, we appreciate your time tonight. we had a little bonus time there. i'm glad we got to that question. up next, my thoughts on leaders rising in the aftermath of super storm sandy. and a concert benefiting victims of sandy. bon jovi, christina aguilera. you can catch them tomorrow night at 8:00 p.m. join us for this special concert coming together. u tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab,
i think that is -- the way the markets are trading these days, if mitt romney wins, the market will expect a faster improvement in the economy than if barack obama is re-elected. i think that's probably the right way to look at it. >> all right. we'll leave it there. gentlemen, thank you very much, we appreciate your time tonight. we had a little bonus time there. i'm glad we got to that question. up next, my thoughts on leaders rising in the aftermath of super storm sandy. and a concert...
241
241
Nov 27, 2012
11/12
by
CNBC
tv
eye 241
favorite 0
quote 0
during the presidential campaign, challenger mitt romney said several times during that campaign that he would on day one basically name china a currency manipulator. obviously i spent many years covering the chinese yuan in asia. it's a dangerous thing to do. you name china a currency manipulator, they would somehow retaliate toward the united states. that's what we're seeing right now with the treasury department saying the currency is undervalued, but not labeling them a manipulator. >> they've obviously let the currency appreciate. there has been progress. maybe not enough for some people. >> it has moved higher. th for. all right. let's move on as the white house and congress begin the process of hammering out their differences over the fiscal cliff. a host of companies have been rushing to issue these special dividends or they pay them early to avoid higher taxes next year. so far this year companies with a market cap of more than $1 billion have issued 60 special dividends, and that's nearly double from what we saw in 2011 when only 35 companies issued special dividends. >> is
during the presidential campaign, challenger mitt romney said several times during that campaign that he would on day one basically name china a currency manipulator. obviously i spent many years covering the chinese yuan in asia. it's a dangerous thing to do. you name china a currency manipulator, they would somehow retaliate toward the united states. that's what we're seeing right now with the treasury department saying the currency is undervalued, but not labeling them a manipulator....